Account Recovery

SEPTEMBER 30, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Shaun Ertischek

Accounts Receivables Management 246

Accounts Receivables Management 246

Enterprise Recovery

OCTOBER 1, 2021

When you think of the phrase cash flow , you may have a vision of money flowing into and out of your business. In this vision, your clients are seamlessly paying their debts to you and you're paying all of your bills and expenses. Cash flow management is the process of maintaining that flow of money, hopefully increasing positive cash flow, where more money comes in than goes out.

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American Profit Recovery

SEPTEMBER 27, 2021

There are several reasons why organizations of all sizes would be looking for a debt collection agency. You may be a small business and have reached the point where you’re tired of chasing down late and nonpaying customers. Or maybe your organization regardless of the size has limited internal resources to handle the task of getting your customers to pay on time.

Collections 156

Collections Collection Agencies Collections Agency Accounts Receivables Management 156

Nerd Wallet

SEPTEMBER 28, 2021

Many parents who took on student debt for their kids regret the decision: Nearly 1 in 3 parents (30%) with federal parent PLUS loans say if they could do it over, they’d ask their children to rethink their education plans so they wouldn’t have to take out the loans. These results, part of a July. Anna Helhoski writes for NerdWallet. Email: anna@nerdwallet.com.

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Education Loans Student loans Student Loans 124

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

SEPTEMBER 29, 2021

MT. LAUREL, N.J., Sept. 27, 2021 /PRNewswire/ — Strategic Resource Alternatives (“SRA”), an industry-leading full-service receivables management and outsourcing firm, is pleased to announce the completion of an acquisition of J.J. Marshall & Associates, Inc., a Michigan-based recovery firm. SRA provides accounts receivable management, debt recovery, BPO, call center & letter service solutions, with 30 years of operating … The post Strategic Resource Alternatives C

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Acquisition Accounts Receivables Management Debt Recovery 246

Troutman Sanders

SEPTEMBER 29, 2021

After the District Court for the District of Oregon dismissed a Fair Credit Reporting Act (FCRA) suit filed against Fred Meyer, Inc. , the Ninth Circuit Court of Appeals partially reversed , holding Fred Meyer had failed to comply with FCRA’s “standalone” requirement by providing, in good faith, an extraneous explanation of the applicant’s rights in its background check disclosure.

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Legal Rights Judgment 98

Nerd Wallet

SEPTEMBER 28, 2021

Whether it’s better to work with a mortgage broker or get a home loan directly from a bank depends on your financial situation and your preferences. For example, if you might have trouble qualifying for a mortgage or you place a high value on convenience, a mortgage broker may be worthwhile for you. On the. Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com.

Banks 112

Banks Loans 112

Account Recovery

SEPTEMBER 28, 2021

A District Court judge in North Carolina has granted a defendant’s motion to dismiss after it was accused of violating the Fair Debt Collection Practices Act by leaving a voicemail message on an individual’s cell phone that was overheard by the plaintiff’s sister, ruling that cell phone voicemails are intended to be private and if … The post Judge Grants MTD in FDCPA Case Involving Overheard Voicemail Message appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

UK debt collections

SEPTEMBER 29, 2021

New data from the Registry Trust has indicated that 47% of businesses that became insolvent in May and June 2021 had an outstanding county court judgment (CCJ) against them. Whilst 78% of those who became insolvent with an outstanding CCJ had received their first CCJ within the previous 999 days. With the Insolvency Service’s latest corporate insolvency figures for August 2021 showing a 71.1% increase compared to August 2020, the Registry Trust says that this insight could help to identify ‘earl

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Judgment Education Debt Management 96

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Consumer Finance

SEPTEMBER 28, 2021

The Consumer Financial Protection Bureau released its fifth biennial report to Congress today on the consumer credit card market, finding that the market’s growth over the last few years reversed course in 2020.

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Credit Card Debt Consumer Credit Collections 84

Nerd Wallet

SEPTEMBER 27, 2021

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about five financial tasks to take on this fall. Then we pivot to this week’s money question from Renee, who emailed us their question: “I’ve seen a few debit cards for kids, where parents can. Liz Weston writes for NerdWallet.

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Account Recovery

SEPTEMBER 28, 2021

A nonprofit organization in Washington, D.C. has published a report on the debt collection litigation market, outlining a series of recommendations to state and federal lawmakers to make the process “safer and fairer” for everyone. The report, published by The Aspen Institute, says the current system for collecting unpaid debts “is broken” is because plaintiffs … The post Report Calls Collection Litigation ‘Broken,’ Makes Suggestions to Reform Process ap

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Collections 246

Better Credit Blog

SEPTEMBER 30, 2021

The U.S. Department of Veterans Affairs offers what are called VA Loans to people who currently serve or have served in the armed forces, or their surviving spouses. These loans can save them money and make the home-buying process go a little smoother. VA loans can help veterans save money and make the mortgage process a bit more accessible to people who otherwise might have difficulties finding the right deal.

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Loans Lender Credit Unions Credit Unions 76

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For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

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Credit Corp

SEPTEMBER 27, 2021

Almost 70% of students in North America take out student loans. Many students can’t afford post-secondary education without financial help. Loans are scary, and come with lots of disadvantages. Don’t fear, because we will be covering the most frequent student loan mistakes. Avoid the consequences by learning from our tips below. Forgetting to Research.

Student loans 81

Student loans Student Loans Loans Education 81

Nerd Wallet

SEPTEMBER 30, 2021

Whether you call it “The Great Resignation,” “The Great Reshuffle” or just high time for a change, millions of American workers are looking for new jobs — and some have already quit the ones they have. Better pay isn’t necessarily the motivator, labor experts say. Many people are seeking greater flexibility, the ability to work. Liz Weston writes for NerdWallet.

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Account Recovery

SEPTEMBER 27, 2021

Have you seen those videos, where someone painstakingly takes clips from actors saying different words and assembles them into recreations of songs or famous speeches? Well, at the end of the day, what is recreated is still a song or a famous speech? Similarly, plaintiffs can’t parse words in collection letters and accuse a collector … The post Judge Grants MTD Over Settlement Language in Letter appeared first on AccountsRecovery.net.

Collections 246

Collections 246

PBWT

SEPTEMBER 30, 2021

In a recent decision, In re: BRUCE D. PERRY, Debtor. KRISTA PREUSS, Standing Chapter 13 Tr., SDNY, Appellant, v. BRUCE D. PERRY, Appellee., No. 20-CV-4617 (CS), 2021 WL 4298192 (S.D.N.Y. Sept. 21, 2021), Judge Seibel reversed the decision of the bankruptcy court and clarified the independent obligation of the Bankruptcy Court to ensure a Plan conforms to the necessary requirements set out by the Bankruptcy Code, irrespective of the parties’ conduct.

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Bankruptcy Chapter 13 bankruptcy Unsecured Debt Debtor 65

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Niche markets represent a huge opportunity for the financial services industry in America. From college students and women to communities of color and low-to-moderate-income households, niche populations have specialized financial needs – but they often underutilize many valuable financial products and services. How can you better connect with these consumers?

Financial services

Credit Corp

SEPTEMBER 29, 2021

This article originally appeared on Arrest Your Debt and has been republished here with permission. The closure of many public establishments, such as restaurants, movie theaters, and clubs, has forced many in the labor force to pursue jobs where you work alone without real human interaction. Yet, even before the pandemic, workers have increasingly turned to jobs that do not require physical attendance at an office.

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Manufacturing Retail Construction Trade 98

Nerd Wallet

OCTOBER 1, 2021

October marks the open date for the Free Application for Federal Student Aid or FAFSA — and college-bound students should submit the application as soon as possible. Completing the FAFSA allows you to be considered for federal, state and school-based aid. In addition, submitting it soon after the Oct. 1 open date will increase your. Colin Beresford writes for NerdWallet.

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Student loans Student Loans Loans 102

Account Recovery

SEPTEMBER 27, 2021

CALIFORNIA GOVERNOR SIGNS DEBT COLLECTION ID THEFT BILL INTO LAW The Governor of California has signed a debt collection bill into law that will adjust how collectors address situations where an individual claims a debt is fraudulent as a result of identity theft. There was no effective date written into the statute, which means the … The post Daily Digest – September 27.

Collections 246

Collections 246

Micro Bilt

SEPTEMBER 28, 2021

From college debt to unpaid loans, more and more people are getting behind on crucial finances. If you're a debt collector or someone who is owed money, you're probably wondering what you can do to ensure you're paid. Keep reading to learn all about 5 tips for recovering outstanding debt.

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Debt collector Loans Collections 64

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Roths Child Law

OCTOBER 1, 2021

When hard times hit, declaring bankruptcy may be the most sensible thing to do. Essentially, bankruptcy is a legal process that is designed to provide debt relief for individuals or businesses that are unable to pay their bills. Bankruptcy is meant to help honest people who find themselves in difficult debt situations. . However, some debts cannot be wiped out by bankruptcy.

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Bankruptcy Chapter 13 bankruptcy Student loans Student Loans 52

Nerd Wallet

SEPTEMBER 29, 2021

Credit card processing fees will typically cost a business 1.5% to 3.5% of each transaction’s total. For a sale of $100, that means you could pay anywhere from $1.50 to $3.50 in credit card processing fees. For a small business, these fees can be a significant expense. Here’s how they work and how to lower your. Billie Anne Grigg writes for NerdWallet.

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Account Recovery

SEPTEMBER 30, 2021

Madison, Wisc. – As students return to the classroom, the State family wanted to ensure every child has the necessary supplies for a successful year. After hosting the 1st Annual Great State Team Charity Golf Outing, and running an online fundraising campaign, State matched every gift to donate $5700 to the Boys and Girls Club. “Given the … The post State Donates $5700 in Back-to-School Fundraiser appeared first on AccountsRecovery.net.

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Collections 246

PBWT

SEPTEMBER 30, 2021

In a recent decision, a district court reversed the decision of the bankruptcy court and clarified the independent obligation of the Bankruptcy Court to ensure that a Chapter 13 Plan satisfies the necessary requirements of the Bankruptcy Code, irrespective of the parties’ conduct. In re: BRUCE D. PERRY, Debtor. KRISTA PREUSS, Standing Chapter 13 Tr., SDNY, Appellant, v.

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Bankruptcy Chapter 13 bankruptcy Unsecured Debt Debtor 52

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